Wednesday, December 07, 2022 6:42:40 PM
The low float argument doesn't hold when 93% of the companies shares are being issued and dumped into the OS.
This is not a $200 million company nor anywhere close to that which is what the market cap would be at current levels. It has a book value of $11 million.
There are plenty of high value market cap OTC stocks with tiny floats that sit idly with no trading volume because there is no upside to trade them.
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